On stage only a short time after the United Arab Emirates said it would increase its oil production despite low worldwide prices, the oil and gas minister of neighboring Oman offered a different opinion. [US News] Thousands gathered across Israel in protest to speak out against PM Benjamin Netanyahu’s natural gas deal with US energy… Keep reading →
Saudi Arabia’s King Salman pulled out of meetings at the White House and Camp David this week at the last minute. The move is being interpreted as a signal the Saudis are unhappy with United States’ Iranian foreign policy. “Jon Alterman, senior vice president at the Center for Strategic and International Studies, said King Salman’s… Keep reading →
Democrats and Republicans on a House panel are debating over energy spending levels for domestic agencies, clean water rules and guns on federal lands, implementing more than $1 trillion worth of spending bills..”The House Appropriations Committee has approved a $35 billion energy and water projects measure and a $77 billion bill funding the Department of… Keep reading →
Tax reform talk is heating up in Congress as they hurry to pass a tax extenders bill before year end. Iowa Senator Chuck Grassley wants the controversial wind energy production tax credit included in the bill. “I’m concerned about rumors that some are working to leave out or shorten the extension of the wind energy… Keep reading →
The companies developing the Leviathan field off the coast of Israel have reportedly signed an initial agreement with a Jordanian power company for a multi-billion dollar, long-term natural gas supply deal. “Under the terms of the latest agreement, the gas is to be sold at oil-linked prices and will be delivered to a border location… Keep reading →
This Forbes piece profiles Noble Energy’s diverse portfolio of assets that may appear haphazard, but according to CEO Charles D. Davidson, “This isn’t an accident. This is a strategy.” [Forbes] A top oil and gas banker moves from Morgan Stanley to Credit Suisse. “Before making the move, Mr. McCabe was at Morgan Stanley, and has… Keep reading →
The US EPA and DOE released their updated list of most fuel efficient cars on the market in 2014. The all electric Chevy Spark, Honda Fit and Fiat 500e top the list. [Clean Technica] Geopolitical tension in the Middle East has been ratcheting up, first with last month’s Iranian embassy bombing in Beirut and now… Keep reading →
Scientists at Lehigh University are proposing modeling wind turbine blades on owls’ wings to mimic their stealth properties. “If the noise-reduction mechanism of the owl down can be established, there may be far-reaching implications to the design of novel sound-absorbing liners, the use of flexible roughness to affect trailing-edge noise and vibrations for aircraft and wind… Keep reading →
US independents Anadarko and Noble Energy have agreed to exchange around 50,000 net acres of leasehold in the Wattenberg field in northeastern Colorado. US independent Devon and midstream company Crosstex have agreed to combine Crosstex’s assets and Devon’s midstream assets to form a new midstream business, which remains unnamed for the time being. Devon is… Keep reading →
“There has rarely been a more compelling time to invest in energy,” said Barclays analysts in their latest Global Energy Outlook, released this morning. Here are four key takeaways: Oil price risk has swung from downside to upside, thanks to geopolitical risk. Geopolitical risk has supplanted US production growth as the big global story in… Keep reading →
